Is Englewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Englewood was a Seller's Market.
Housing Prices in Englewood, FL
How much do homes in Englewood, FL cost?
Median Sold Price
$365,500
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Englewood was $365,500 in April 2024, down 4.1% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $155K | -11.4% |
2 Bedrooms | $311.6K | $300K | -3.7% |
3 Bedrooms | $487K | $446.2K | -8.4% |
4 Bedrooms | $867K | $675K | -22.1% |
5+ Bedrooms | $1.2M | $550K | -55.0% |
Summary: Englewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes decreased by 55%.
Median Sold Price Compared To Nearby Cities
Venice | $469.1K | $472.1K | +0.6% |
Englewood | $380.9K | $365.5K | -4.1% |
Housing Supply in Englewood, FL
How many homes are available in Englewood, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
833 | 832 | -0.1% |
Summary: The Englewood real estate market had 832 homes for sale in April 2024, a 0.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 22 | -12.0% |
2 Bedrooms | 424 | 418 | -1.4% |
3 Bedrooms | 302 | 305 | +1.0% |
4 Bedrooms | 61 | 66 | +8.2% |
5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Englewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 115 | +15.0% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 115 homes were sold or pending in Englewood in April 2024, up by 15.0% month-over-month. Of the 115 sold homes, 85% were sold under asking, 10% were sold at asking, and 4% were sold over asking.
Days on Market for Englewood, FL
How long does it take to sell a home in Englewood, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 73 Days | +202.6% |
Summary: Homes in Englewood had an average of 73 days on market in Apr 2024, up by 202.6% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Summary: During April 2024, 115 homes were sold in Englewood; 33% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.